Essar Securities standalone net profit declines 66.67% in the March 2017 quarter

Sales decline 30.77% to Rs 0.09 crore

Net profit of Essar Securities declined 66.67% to Rs 0.01 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 30.77% to Rs 0.09 crore in the quarter ended March 2017 as against Rs 0.13 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 38.08 crore in the year ended March 2017 as against net profit of Rs 0.09 crore during the previous year ended March 2016. Sales declined 19.70% to Rs 0.53 crore in the year ended March 2017 as against Rs 0.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.090.13 -31 0.530.66 -20 OPM %11.1123.08 -20.7516.67 - PBDT0.010.03 -67 0.110.11 0 PBT0.010.03 -67 0.110.11 0 NP0.010.03 -67 -38.080.09 PL

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